Explore the principles governing the retrospective application of laws and statutes, including curative, clarificatory, declaratory, and retroactive statutes. Understand the significance of vested rights and the impact on existing obligations.Read More
Central Electricity Regulatory Commission (‘CERC’) allows Time Over Run and Cost Over Run on account of Changes in Law and Force Majeure Events encountered by POWERGRID NM Transmission.
The Central Electricity Regulatory Commission (CERC) has given a green signal to cost and time overruns in POWERGRID NM Transmission’s project due to changes in law and force majeure events. Read the detailed analysis and insights here.Read More